Latham (SWIM) Net Margin (2020 - 2026)
Latham's Net Margin came in at 6.46% for Q2 2026, down 2.80 percentage points from 9.26% a year earlier but up 13.73 percentage points from the prior quarter.
Latham (SWIM) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Latham reported Net Margin of 0.92%, up 3.46 percentage points year-over-year; for FY2025, it was 2.04%, up 5.55 percentage points from FY2024.
- Net Margin carries a five-year change of -1.92 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -3.51% in FY2024 (-3.09 pp), -0.42% in FY2023 (+0.40 pp), -0.82% in FY2022 (+9.07 pp) and -9.89% in FY2021 (-13.85 pp).
- The five-year range for quarterly Net Margin is -33.42% (Q4 2024) to 9.26% (Q2 2025).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -0.99 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2022 (a gain of 31.71 percentage points), and the weakest in Q4 2024 (a drop of 33.55 percentage points).
- Business Quant data shows SWIM's Net Margin at -7.27% (Q1 2026), -7.01% (Q4 2025) and 5.01% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.77 Bn | 96.49 Bn | 2.26 Bn | 14.57% |
| 2 | Johnson Controls International | 89.79 Bn | 87.52 Bn | 2.47 Bn | 11.32% |
| 3 | Comfort Systems Usa | 49.37 Bn | 44.62 Bn | 844.23 Mn | 13.52% |
| 4 | Carrier Global | 46.49 Bn | 40.80 Bn | 1.94 Bn | 7.89% |
| 5 | Otis Worldwide | 27.54 Bn | 23.96 Bn | 1.14 Bn | 11.09% |
| 6 | James Hardie Industries | 15.37 Bn | 14.44 Bn | 548.70 Mn | 7.07% |
| 7 | Masco | 14.88 Bn | 12.74 Bn | 868.00 Mn | 15.96% |
| 8 | Carlisle Companies | 13.65 Bn | 9.99 Bn | 568.40 Mn | 16.25% |
| 9 | Allegion | 13.45 Bn | 12.16 Bn | 517.50 Mn | 16.03% |
| 10 | Latham | 741.86 Mn | 741.86 Mn | 70.08 Mn | 6.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 6.46% |
| Mar 28, 2026 | -7.27% |
| Dec 31, 2025 | -7.01% |
| Sep 27, 2025 | 5.01% |
| Jun 28, 2025 | 9.26% |
| Mar 29, 2025 | -5.35% |
| Dec 31, 2024 | -33.42% |
| Sep 28, 2024 | 3.92% |
| Jun 29, 2024 | 8.29% |
| Mar 30, 2024 | -7.11% |
| Dec 31, 2023 | 0.12% |
| Sep 30, 2023 | 3.83% |
| Jul 1, 2023 | 3.23% |
| Apr 1, 2023 | -10.43% |
| Dec 31, 2022 | -17.64% |
| Oct 1, 2022 | 6.27% |
| Jul 2, 2022 | 2.08% |
| Apr 2, 2022 | -1.48% |
| Dec 31, 2021 | -4.31% |
| Oct 2, 2021 | -6.97% |
Latham Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SWIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SWIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SWIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();